TINtech London Market
Transcription
TINtech London Market
THE INSURANCE NETWORK LONDON MARKET The event exploring how technology will drive innovation, change and efficiency in the London insurance market 3rd February 2015 | Monument, 8 Eastcheap | London Keynote speakers Matt Haynes Director, IT & Operational Development Key Travel Tim Kershaw Chief Operating Officer, UK Hub Catlin Other speakers include EARLY BOOKING RATE JUST £399 + VAT Book 2 places and the 3rd is FREE Edward Slade Chief Information Officer Tysers Malcolm Beane Non Executive Director Lloyd’s Market Association Michael Harris Group Head of IT Tokio Marine Kiln Giles Baxter Chief Information Officer Arthur J. Gallagher & Co Karen Scott Claims Director – UK Services Willis UK Retail Rowan Douglas CEO Global Analytics Willis Group & Chairman Willis Research Network Sasa Brcerevic Chief Operating Officer Hiscox Simon Gaffney Chief Operating Officer Willis Sponsored by: Exhibitors: INSURANCE DATA MIGRATIONS Overview The London Market is at a crossroads and technology is the driver for change. The days of market wide technology initiatives moving at the pace of the slowest adopters are numbered. Forward thinking companies understand the power of data and how to leverage it, and are investing in technology and talent to support their operations and expand into new markets. TINtech London Market is NOT about the technicalities of processing or standards – this event explores the extraordinary shifts already taking place, how technology can and will drive change and efficiency, and provide new opportunities...as well as the strategic impact on the market and individual organisations. The conference agenda has been developed to combine insurance industry thought leaders and practical case studies with cutting edge perspectives from outside the industry in order to generate discussion and debate on how the market can leverage new technologies and ways of working. Topics to be discussed include: • Where is technology making a real difference in the market – and where will it impact the most? • What can we learn from the way other industries leverage technology and data? • Are technology companies producing the right solutions? • How can we change the mind-set of only using technology to replicate existing processes when the real opportunity is to fundamentally change the way business is conducted? • What are the risks and rewards of embracing technology developments now? Programme 08.00 Registration, coffee and networking 09.00 EXTERNAL PERSPECTIVE Technology mega trends and their implications for the London Market KEYNOTE PRESENTATIONS • Technology has already reshaped many industries – what are the next disruptive forces and the implications for the global insurance market? • The travel sector embraced rapidly developing new technologies, revolutionising our customers’ experience through new communications platforms and next generation mobile. How and what can insurance learn? • What will the internet of things really look like and how will it be used? • Harnessing the next generation of technology including telematics, analytics and real time data and what this will mean for the London Market Matt Haynes Director, IT & Operational Development Key Travel As one of the CIO top 100 for 2014 Matt is considered one of the most transformative CIOs in the UK. He was previously Director, IT and Project Services at Omni Insurance Group. Technology, innovation and change – harnessing the power for the London Market • Reframing the opportunities and risks of technology for the London Market • What are the new technologies that will impact people, process and stimulate innovation – and how do we respond? • Why now is the time to invest to stay ahead of the game • Key issues and challenges for the market to overcome in order to drive through change and deliver efficiencies Tim Kershaw Chief Operating Officer, UK Hub Catlin Q&A 10.45 Coffee and networking 11.15 Streamed Sessions Delegates select one of the following streams to attend. You’ll hear two presentations designed to stimulate debate and allow benchmarking during the round table discussions that follow. STREAM 1 STREAM 2 Technology, Data and Advanced Analytics Talent, Technology & Culture The convergence of technology and analytics and the implications for the sector Getting to grips with the fundamental changes that are taking place around us and the impact they will have on the London Market Sponsored by: Sponsored by: Chaired by: Keith Fenwick, Chairman, Anomaly42 Chaired by: Mark Simpson, Head of Operational Consulting, Pro Insurance Solutions Evolution or revolution? How new data and advanced analytics will improve risk selection, reduce indemnity spend and drive product innovation Key challenges that threaten the London Market’s long term sustainability – and provide opportunities for growth • What are the next generation of data analytical techniques and how will they impact the market? • Will the market adapt quickly enough to the challenges and solutions which new technologies offer? • Where will the impact be most keenly felt and who will be the winners and losers? • Overcoming the practical challenges of moving data around the business to facilitate better decision making • How do you achieve agility through data and advanced analytics? Rowan Douglas CEO Global Analytics, Willis Group & Chairman, Willis Research Network 1)Effectively dealing with legacy 2)Client self-service 3)Who will lead and drive technology change? Creating a burning platform for change to tackle a culture of inertia 4)Using technology to build agility into operating models to better serve customers 5)The threat from new entrants and more customer centric jurisdictions Simon Gaffney Chief Operating Officer Willis EXTERNAL CASE STUDY: Using social media and search data to identify unmet insurance needs and better serve customers “It’s a people (& technology) business”. How will the London Market have to change in order to win the war for talent? • Changing the way we think about data to provide opportunities for insurance • What analysis can be done now, what does it tell us and how can it be effectively used? • How do we overcome the data quality issues and what technology is needed to support this? • The strategic implications and opportunities for the London Market • Understanding why the London Market is out of step with an increasingly technology driven and super connected world • Structural change is required to address entrenched career development and diversity issues and drive a high performance, competitive culture • How technology change must be at the centre of the revolution to attract the best talent Guy Farley Chief Technology Officer & Co-Founder Bought By Many Michael Harris Group Head of IT Tokio Marine Kiln Bought By Many uses advanced data analytics to connect people with similar insurance needs Round table discussion 13.00 Lunch and networking Round table discussion 14.00 Panel Discussions Delegates select one of the following panel discussions to attend. PANEL 1 PANEL 2 Claims Technology Shared Central Services How we use modern technology to make better decisions in claims Claims is where the client discovers if the service levels promised are delivered - and technology is the key driver for improving claims performance. Changing client expectations, coupled with new technologies, will create the opportunity to tailor processes and service to meet individual clients’ needs. Topics to be discussed include: • How will advances in technology, data and analytics impact the claims function – and what are the business benefits? • How can claims data be used to improve service but also underwriting? • As new technologies improve risk selection and reduce claims, how will the claims function evolve and enhance its strategic value? • Meeting rising expectations in service, speed and delivery The Central Services Refresh Programme aims to reduce the cost of doing business in London. However, how far and how deep services should be shared is a contentious point. This discussion will explore the progress made so far, the concerns from various stakeholders, and allow you the opportunity to have your questions answered by our expert panel. Topics to be discussed include: • Is the progress made so far meeting stakeholder expectations and what are the future developments? • How will the service operate and what services should be shared to drive efficiency? • Is the business case strong enough and has it been clearly communicated? • How will the relationship with key stakeholders develop? Karen Scott Claims Director – UK Services Willis UK Retail Malcolm Beane Non-Executive Director Lloyd’s Market Association Robert Proudfoot Head of IT HDI-Gerling Industrial Insurance Sasa Brcerevic Chief Operating Officer Hiscox Joe Mernagh IT Director Davies Group Lance Grant Senior Vice President, Operations and IT ACE European Group Each panelist will give a 8-10 minute introductory talk designed to stimulate discussion and debate before answering your questions on claims technology. 15.00 What should shared services look like and what should be included to reduce frictional costs within the London Market? Each panelist will give a 8-10 minute introductory talk designed to stimulate discussion and debate before answering your questions on shared central services. Coffee and networking Book online today – Early booking rate on £399 + VAT Book 2 places and the 3rd is FREE 15.20 Afternoon workshops – thinking outside the box Delegates choose from two workshops looking at different technology developments to stimulate discussions about their potential impact on the London Market. WORKSHOP 1 WORKSHOP 2 How Technology will Change the Client-Broker-Underwriter Relationship Operations, Legacy & Efficiency Sponsored by: Sponsored by: The convergence of technology, data and the FCA will create a burning platform for change that cannot be ignored Building the case for agile IT investment now to deal with legacy and create a platform for operational efficiency • How might this change be managed and who will drive market wide reform? • Overcoming the challenges of enabling transformational technology change in organisations that have never (or rarely) been through any • What lesson can be learned from outside the industry? • Establishing the barriers to change so they can be squarely addressed • Why now for technology investment? • The risks to the market if it falls further behind Future technologies and their application in the London Market • How will the internet of things and wearable technologies provide more detailed data in real time for underwriting and claims? • The rise of ‘client self-service’ to assess risks within their own business • Where will brokers add value in this digital, data rich environment? • How do we leverage anytime, anywhere, any device data as other industries do? Giles Baxter Chief Information Officer Arthur J. Gallagher & Co Simon Hughes Director Open GI London CASE STUDY: Why now is the time to untangle the legacy spaghetti • Options available to tackle the legacy challenges • Why now? – building an agile platform for tomorrow • Where did we start and who led the project? • Devising a timetable for change with a clear vision of the future • Establishing a business case for investing in new technology Keith Featonby Head of IT Hiscox Round table discussion Round table discussion 16.30 PANEL DISCUSSION “Evolve or Die” How can the wholesale broker adapt to the changing technological environment? Is the rapid development of technology causing the wholesale broker to be redundant – or will they add value in other ways? How will the role of the wholesale broker be re-invented? Our panelists discuss some of the serious issues facing traditional business models, especially within the wholesale broker market. Following this discussion, there will be a drinks reception for delegates. Robin Merttens Technology Expert and former COO and cofounder, RI3K 17.10 Networking drinks reception Edward Slade Chief Information Officer Tysers Bent Isachsen Head of Operations Torus With so many events to choose from, why come to ours? We stick to a number of “golden rules” that enable you to maximise value from attending our events and ensure you gain key insights from other members of the audience as well as the presenters: • Only director level delegates in the audience No junior managers can attend as delegates to ensure you discuss and benchmark with your peers • Interactive format By including dedicated time for discussion, reflection and benchmarking you can pick up those invaluable learnings and practical techniques from your peers • No press, no transcripts – just honest, open discussion Speakers will ‘water down‘ their presentations if they know there are press in the audience – that’s why we are independent from any publication, have no press in the audience and take no transcripts • Fully loaded event App that is central to the day Make the most of your conference before, during and after the event by downloading the free conference App. Network, share experiences, make notes and take part in the addictive ‘leaderboard’! Join The Insurance Network... Joining The Insurance Network means joining a networking and benchmarking forum of thought leaders from the insurance industry. Membership is exclusively for directors from insurers and brokers to ensure you meet and benchmark with your peers: junior managers and supplier representatives should not apply. MEMBER BENEFITS INCLUDE: Discounted attendance at: • • • • • TINtech London Market Strategic Claims Conference Data & Advanced Analytics Conference TINtech 2015 London Market Claims 2014 3rd February 2015 5th March 2015 13th May 2015 16th June 2015 15th October 2015 Plus FREE attendance at: 3 Evening panel discussions 3 Breakfast briefings 3 Member only lunches MEMBERSHIP OPTIONS: Individual membership................................................................... £699 Corporate standard 3 x nominees................................................. £2000 Corporate enterprise 5 x nominees............................................... £3000 Corporate enterprise PLUS 10 x nominees................................... £5000 To discuss membership call Phil Middleton #TINtech 020 7079 0270 www.the-insurance-network.co.uk @ [email protected] + + + + VAT VAT VAT VAT Stream & Workshop Sponsors Data is everywhere, and it’s expanding by the day. For today’s organisations, from government departments and banks to law enforcement agencies and insurers, this explosion of data contains vital stories. These stories can empower them to: uncover fraudulent or other criminal activities; highlight regulatory risks and compliance oversights; discover new revenue opportunities; and achieve substantial cost savings. But there’s a problem: the stories are hidden in plain sight. The challenge, in the vast, disparate and increasingly complex data ecosystems of today’s organisations, is to uncover these stories — and read what they have to say. However, the speed with which data is expanding, and its sheer volume, means stories always resist being found. But our technology solves that. As a next-generation Data-as-a-Service provider, Anomaly42 helps organisations globally uncover the stories hidden in their data, read them, understand them and — most importantly of all — act upon them. www.anomaly42.com NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia offering Application Development and Maintenance, Infrastructure Management Services, IP Asset or Platform Solutions, Digital Services and Business Process Management to organizations in the Insurance, Financial Services, Travel & Transportation, Manufacturing/Distribution, and Government sectors. The Company adheres to major global benchmarks and standards, having secured ISO 9001:2000 certifications and ISO: 27001 Information Security Management accreditation and Level 5, SEI CMMi version 1.2. NIIT Technologies BPM conforms to the highest standards including COPC and Six Sigma. Its data centre operations are assessed at the international ISO 20000 IT management standards. The company offers expert services and solutions to Life, Annuities, Commercial and Property and Casualty (General) insurance market internationally. It is a specialist provider for many years to Lloyd’s and commercial insurance market with flagship suite of solutions under +ADVANTAGEsuite. +ADVANTAGEsuite is NIIT Technologies’ next generation commercial insurance platform and decision support system that enables profitable underwriting. It is a full policy lifecycle processing platform combining exposure management, analytics, unique product management, workflow and business rules processing capabilities. The fully modular platform allows customers to select only the capabilities that they require. Since 1999, Open GI London has been a provider of eCommerce solutions to the global insurance industry. Based in the heart of London’s insurance district, we support over 35 lines of business, for insurers and underwriting agents, syndicates and claims managers. At Open GI London, we have a heritage of successful project implementations and connect the latest, cutting edge technologies with our unrivalled knowledge of the insurance industry and associated products. We understand the importance of reacting quickly to the market and pride ourselves on our ability to deliver tailored projects. Our market-leading Trader suite is the platform of choice for an impressive client list that includes many leading insurers. The Trader suite comprises Trader for Underwriting, Trader for Claims, Trader Studio and PowerPlace Studio and can support any line of insurance business, from simple Personal lines to complex Commercial lines. We recognise how essential it is for a business maximise efficiency and through our extensive range of services we strive to ensure that our solution is your solution. Find out more at www.opengi-london.com Pro is a leading global provider of outsourcing and consultancy services, focusing solely on the (re)insurance market. With over 30 years market experience, our operations span the major (re)insurance markets, serving insurers, reinsurers, brokers, lawyers and corporate investors. Our success rests on our hands-on experience, in-depth knowledge and industry relationships which result in our ability to deliver value in a practical and flexible way. Our flexible pricing models for the delivery of value added services ensure alignment to our clients’ needs Our consulting team are outcome oriented technical practitioners operating across a broad spectrum of practice areas. Our outsourcing capability provides the ideal operational environment for our clients’ transactional needs. Together they support our (re)insurance clients through the life-cycle of their business. We provide support to start-ups, infrastructure for underwriting and broking teams, outsourced back-office services, insurance portfolio management, claims adjusting and audits, actuarial and technical insurance consulting. Pro’s main hubs are in London, Hamburg, Zurich, New York and Buenos Aires supported by offices including Gloucester (UK) and York (US). This global positioning enables us to provide a round the clock service to all our clients as well as provide new products and services. For more information visit: www.proisinsurance.com Exhibitors 3 Dimensional Insurance Ltd (3DIL) is a Lloyd’s broker who has created a way for the insurance industry to take advantage of the technology available in the modern world. 3DIL can provide underwriters with an animated visual perspective of appropriate risks, irrespective of whether the risk physically exists or is just at the conceptual stage. Animation makes communication of essential underwriting information between the broker, underwriter and insured more detailed than ever before. This approach ignites discussion and helps the insurance industry embrace 21st century technology. www.3diltd.co.uk 360Globalnet has built an integrated digital strategy for Claims, Underwriting/Risk Assessment using its’ own advanced video platform, self-service technology and comprehensive web-based Data/Analytics products. We enable an Insurer to “see” every claim (and “see every risk”) through a combination of... 1) Customer Self Service (this is “Internet Banking for Insurance”) 2) Video-enabled on demand workforce to provide on-site service to customers in minutes and 24/7 3) Live streaming video from site to Insurer in more serious claims - make key decisions on day one, reduce cycle time by 50%, and save 25%. www.360globalnet.com Data Integrity Assured Insurance Data Migrations are specialists in migrating and reconciling insurance data. With over 25 years’ experience in consolidating and upgrading insurance legacy systems we have mastered a proven data migration methodology to improve the quality and reduce to risk of your migrations. Our deep understanding of most insurance systems and data has also helped leading insurers improve the business processes and efficiency of binder management, bordereaux processing and reconciliation, catastrophe modelling and management information reporting. INSURANCE DATA MIGRATIONS Our experts are directly in contact with you and our goal is to deliver your exact requirement on time and to budget. www.insurancedatamigrations.co.uk Granger Smith Consulting provides business intelligence solutions and a wide range of BI consulting services, from education, strategy and architecture to technical delivery in business information management. We provide the full suite of analytical tools and processes to drive profit and a true understanding of your client base. We are specialists in the insurance sector with a wide breadth of skills and experience delivering complex requirements and helping insurance organisations with governance, risk and compliance. Our industry knowledge ensures we understand your issues and our consultants speak your language. For further information, please visit www.grangersmithconsulting.com THE INSURANCE NETWORK Booking Options Practitioners (Actively working for an insurer, broker or loss/claims adjuster. No suppliers please*) Early booking rate £399+VAT (standard rate £499 + VAT) Early booking rate expires Friday 16th January Group bookings: Book 2 places and the 3rd place is FREE Member rate & Membership £199 + VAT • Joining fee & member rate £898 + VAT Book both TINtech London Market and TINtech 2015 (June 16th) for the special rate of just £598 + VAT EARLY BOOKING RATE JUST £399 + VAT *For sponsorship and exhibition stands call Phil Middleton on 020 7631 0034 or email [email protected] Book 2 places and the 3rd is FREE How to register... Select your booking option & choose one of the 3 easy ways to register www.the-insurance-network.co.uk @ [email protected] 020 7079 0270 On receipt of your registration we will send you an email confirmation. If you have opted to pay by credit card a member of our team will call you. Add the date to your diary. Closer to February 3 2015 we will send through a map & directions to the venue rd Registration terms and conditions If you are unable to attend this event for any reason you must notify Jeremy Burgess immediately by calling 020 7079 0270. If you wish to cancel your booking we must receive notice in writing before January 13th 2015 and you will be entitled to 50% of the registration fee. Cancellations received on or after January 13th 2015 will not be refunded. If you would like to transfer your booking to another member of your organisation you must contact Jeremy Burgess on 020 7079 0270. It may be necessary beyond the control of Middleton Burgess Limited to alter the content and timing of the programme or the location of any event. In case of cancellation Middleton Burgess Limited liability is limited to transfer this booking to a similar event to be held within the next 12 months. Should Middleton Burgess Limited be unable to provide a similar event a refund will be applicable to the value of the registration price paid at the time of booking. Personal Data is gathered in accordance with the Data Protection Act. Your details may be passed on to our partners. Please tick this box if you do not wish this to happen . The Insurance Network is administered by Middleton Burgess Limited, 1st Floor, Europoint, 5 - 11 Lavington Street, London, SE1 0NZ Company Number; 05250150 VAT registration number: 848636973